Samon is forty-one years old. She is married and resides with her husband and three children in Siem Reap Province, Cambodia. She has been selling sugarcane juice for more than ten years, earning approximately $3 per day. Her husband is a construction worker. Additionally, he runs a motorbike wash shop to earn more money to support the family. He earns about $7 per day. One of her children is employed in the Cultural Village and earns about $3 per day.
In order to improve her shop, Samon is requesting a loan of $600 to purchase construction materials to rebuild her shop to make it bigger. This money will help her expand her shop and earn more profit to support the family. In the future, she would like to expand her business and help her children earn bachelor’s degrees.
KREDIT Microfinance Institution Plc., is one of Kiva’s most established partners in Southeast Asia. The organization empowers the economically-active poor and small entrepreneurs by providing inclusive financial services. Beyond loans, KREDIT offers low-income clients complementary training in debt management, savings and budgeting. In addition, KREDIT partners with NGOs to offer training in primary health care, agricultural techniques and HIV/AIDS awareness.
For more information on KREDIT, please visit its partner page. If you would like to engage more with KREDIT and its borrowers, you can also join its lending team, KREDIT MFI Cambodia.